Dan Sullivan on Energy & Oil

Create an enduring energy and economic renaissance

We have huge opportunities before us--especially the energy resurgence that is beginning to take place across Alaska and parts of the US.

But Washington is broken--not only does it ignore these opportunities--it undermines them by shutting
down responsible resource development in Alaska.

I am running for the US Senate to provide strong leadership and Alaskan resolve to create an enduring energy and economic renaissance that will lift Alaska and America--creating jobs, prosperity, and
security into this new century.

My campaign will focus on accelerating the Alaska energy and economic renaissance--to create more opportunity, energy security, and jobs for Alaskans.

Increase oil production & make state tax world-competitive

The Parnell administration is implementing a comprehensive strategy to turn around our production decline by: ensuring efficient, timely permitting; aggressively promoting investment, drilling, and the vast resources on the North Slope; and making
Alaska competitive for oil and gas investment. The cornerstone of this effort was the passage of Senate Bill 21, which ties tax benefits to increased production and makes Alaska's tax regime competitive with others around the world.

By contrast, those supporting the status quo have not presented a serious, workable plan to increase oil production. Keeping ACES would undermine that objective: it gives out enormous tax credits and cash payments--
estimated to exceed $1 billion next year--to companies that have not committed to producing any oil.